Premier, Inc. (PINC) Tuesday announced a $200 million accelerated share repurchase agreement with JPMorgan Chase under its $1 billion repurchase authorization.
The company will receive approximately 9 million shares, valued at $160 million, with final settlement expected by early fiscal 2026.
The buyback is funded through existing credit facilities.
PINC is currently trading premarket at $18.12 up 1.97 percent or $0.35 on the Nasdaq.
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